China's Retail Sales Growth Weakened as Production Rose

The video discusses the state of retail sales in China, highlighting the impact of inflation on nominal growth figures. It examines the rebalancing of the Chinese economy, focusing on the trends in consumption and investment. The reform agenda is analyzed in the context of political events, with attention to overcapacity and leverage issues. The video also explores capital controls and credit growth, emphasizing the challenges and strategies in managing economic targets.

What challenges does the speaker mention regarding the reform agenda in China?

What is the speaker's view on the current state of credit growth in China?